Hi I need help with this question?

9=40 '1 ..ii a E} (D v2.cengagenow.com [Ii Chapter 23 Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 78,000 units of product were as follows: Standard Coats Actual Cost: Dlrect materials 218.400 lbs. at $5.10 216.200 lbs. at $5.00 Direct labor 19,500 hrs. at 516.70 19,950 hrs. at $16.90 Factory overhead Rates per direct labor hi1, based on 100% of normal 0 capacity of 20,350 direct labor hrs.: Variable cost. $3.20 $61,780 variable cost Fixed cost, $5.10 $103,735 xed cost Each unit requires 0.25 hour of direct labor. Required: a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Price Variance E 7 Direct Materials Quantity Variance C V Total Direct Materials Cost Variance E V b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Labor Rate Variance 5:] v Direct Labor Time Variance $S V Total Direct Labor cost Variance $i:i v c. Determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. 7 Variable factory overhead controllable variance Fixed factory overhead volume variance lllll Total Factory overhead cost variance U rifavorable e 000